No maximum limit
Without checking documents or credit history
Low percentage per annum
The loan you give is always secured by cryptocurrency
No paperwork or selfies needed
You decide on the annual interest rate, the credit period and the amount of the loan
Invite new users and earn passive income from Telegram Bot commissions! Fees are charged from the borrower
Loan origination service fee
We instantly deposit the reward to your account for trades of your affiliates
Of the fee if your referral takes out a loan or if you liquidate his loan.
Fee if you pay off before the term ends
To take out a loan, you need to log in to the bot and click "take out a loan". Either use AutoSelect or select the offer manually.
Any person who can provide a collateral can take out a loan
LTV (Loan to value) refers to the loan to collateral ratio and is calculated as a percentage. In practice, it means what percentage of the collateral you can take as a loan. For example: with an LTV of 70%, you can borrow 70% of the collateral. If you provide collateral of $1000, you can borrow $700
A cryptocurrency lending service is an instrument, and cryptocurrency is an asset like stocks, bonds, etc. If you have a reserve of BTC but want to make a big purchase, you don't have to sell bitcoin at all. It is one of those assets that people try to keep.
Instead, you can take out a loan in USDT secured by BTC, for example, and get cash and return your collateral after repayment.
If you borrow in USDT against BTC at the time of deposit, BTC is calculated at the current exchange rate against USDT.
For example: At LTV 70%, the collateral is greater than the loan amount by 30%, and this collateral margin is insurance against a sharp drop in the BTC exchange rate.
If you borrowed in USDT against BTC at 70% LTV, then at the time of borrowing, the collateral value is 30% more than the loan itself. But as the BTC exchange rate falls, the loan-to-collateral ratio will change, and when it reaches a price where the value of the loan asset and the collateral asset is roughly equal, the loan will be liquidated.
At the time of liquidation, the collateral is transferred to the lender, which is equivalent in value at the time of liquidation to the amount it lent out, and the loan taken remains with the borrower.